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April 29, 2022
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Elon Musk sold 4,000 million shares of Tesla after “yes” of Twitter

Elon Musk vendió 4.000 millones en acciones de Tesla tras “sí” de Twitter

the billionaire Elon MuskCEO of Tesla, sold about $4 billion worth of shares in the electric vehicle company in the two days after Twitter’s board of directors accepted his takeover offer.

According to documents published this Thursday by the American Securities and Exchange Commission (SEC, for its acronym in English), Musk sold between Tuesday and Wednesday of this week more than 4.4 million shares of Tesla at a price that varied between 870 and 1,000 dollars per share. sales of Musk They coincided with a sharp drop in the value of shares in Tesla, whose CEO owned around 17% of its capital before the start of the week.

Read: Twitter founder says Elon Musk is the ‘solution’ for the platform

“No more Tesla stock sales planned after today,” the South African billionaire wrote on his Twitter account Thursday as the figures were released. Muskthe richest man in the world according to the Forbes list, achieved this Monday his purpose of taking over the social network Twitter, which he described as “the digital town square”, after the company accepted his purchase offer for 44,000 millions of dollars.

The tesla boss, which has more than 9% of Twitter’s shareholders, launched a clear purchase offer on April 14, “the best and last”, at a rate of 54.20 dollars per share, which is finally what it will pay through an entity . The businessman of South African origin, very fond of this social network, has presented himself as a defender of “freedom of expression” on the platform and now seems to carry that mission as a flag in his new conquest, of which he has offered very few details. .

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